What is a trust protector?

A trust protector is a person or party that is appointed to oversee the administration of a trust. The role of the trust protector is to help the trustee and beneficiaries, make sure that the trust’s assets are managed correctly, and make sure the trust is being administered as intended. In New Hampshire, a trust protector can be appointed by the creator of the trust or the court. The trust protector is responsible for carrying out the intent of the trust, making sure the assets are managed in a way that meets the needs of the beneficiaries and monitoring the trustee’s performance. The trust protector has the power to remove the trustee and appoint a successor trustee if the protector believes that the trustee is not fulfilling their fiduciary duties. The trust protector may also have the power to make decisions on behalf of the beneficiaries. This includes the power to make decisions about investments, distributions, and other administrative matters. The trust protector may also have the power to approve or reject the trustee’s decisions. The trust protector is an important part of a trust and can help ensure that the trust is administered correctly and in the best interest of the beneficiaries. It is important to appoint a trust protector who is knowledgeable about trusts and estates law so that the trust is properly administered.

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